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California's Housing Crisis Just Got a Major Plot Twist - And Newsom's Dropping the Mic

California Governor Gavin Newsom

Photo by Thomas Hawk | License

California’s housing saga just got a spicy update, and Governor Gavin Newsom is here to stir the pot. In a bold move that’s got urban planners and housing activists buzzing, Newsom signed two bills that might just be the legislative equivalent of a housing cheat code.

After years of CEQA (California Environmental Quality Act) being the ultimate development buzzkill, these new laws are basically telling environmental review processes to take a backseat - at least in urban areas. The goal? Cut through the bureaucratic red tape faster than a Silicon Valley startup pivots its business model.

The NIMBY Nightmare Continues

These bills aren’t exactly a housing revolution, though. They’re more like strategic holes punched into the Swiss cheese of California’s environmental regulations. Projects in urban environments that meet specific criteria can now skip the traditional environmental review - potentially shaving months off development timelines.

What’s the Real Deal?

Let’s be real: these laws aren’t going to magically solve California’s housing crisis overnight. Developers are still side-eyeing the potential for lawsuits, and cities will probably find creative ways to slow things down. But it’s a start - and in the Bay Area’s housing thunderdome, we’ll take what we can get.

The Broader Context

State Senator Scott Wiener summed it up perfectly: we’re playing the long game. With economic challenges like supply chain disruptions and high interest rates, these new rules are about setting the stage for future housing booms.

Newsom’s calling it the “most consequential housing reform” in modern California history. Bold claim? Maybe. But in a state where housing prices make crypto volatility look stable, we’ll take any glimmer of hope we can get.

AUTHOR: kg

SOURCE: SF Standard